Moody's and Fidelity National Under StockCall's Microscope: Business Services
Announce Good Quarterly Results
LONDON, February 26, 2013
LONDON, February 26, 2013 /PRNewswire/ --
Business intelligence sector is looking up and expects higher volume of
business activities. Fidelity National Information Services Inc. (NYSE: FIS)
reported higher dividend and provided rosy outlook for its fiscal year. The
company also bought mFoundry to augment its services portfolio. Moody's Corp.
(NYSE: MCO) also reported better-than-expected results for its fourth quarter.
It also increased it shares repurchase program. The company also managed to
side step DOJ's lawsuit against credit rating agencies. Currently, DoJ has
case filed against S&P and it is mulling implicating Moody's as well.
StockCall has released full comprehensive research on Moody's and Fidelity
National and these free technical analyses can be downloaded by signing up at
Fidelity National Information Services Inc. Buys mFoundry
Fidelity National Information Services Inc. reported its quarterly results and
announced 10 percent increase in its quarterly dividend. The company announced
its quarter EPS at 46 cents per share, up from 39 cents per share it had
earned for the previous year quarter. However, it lagged behind consensus
estimate of 69 cents per share. The revenue for the quarter increased 3
percent and lagged slightly behind Wall Street expectation of $1.51 billion by
posting $1.5 billion figure. Register today and access the free research on
Fidelity National Information Services Inc. at
The stock is up 19 percent in the past 12 months and is expected to perform
well as the company provided robust outlook for its fiscal year. The company
expects its 2013 earnings to increase by 11 to 15 percent and to be in the
range of $2.77 and $2.87 per share. Its revenue is likely to be in the range
of $6.04 billion and $6.16 billion.
Fidelity National currently sports 2.18 percent dividend yield and it
increased its quarterly dividend by 10 percent to 22 cents. The dividend is
payable on March 29. The company also recently boosted its operations by
purchase mFoundry stake for $120 million. The transaction is expected to close
this quarter and provide synergies to the business. The acquisition will help
the company in boosting its mobile banking services.
Moody's Corp. Announces Q4 Results
Moody's Corp. recently widened the scope of its shares repurchase program. Its
board added another $1 billion worth of authorization to the stock buyback
program. The company also still has $677 million left from its previous
authorization. Moody's stock grew 25 percent in the past 52 weeks, providing
good value to its investors. The company has attracted good institutional
interest as well. Berkshire Hathaway has considerable stake in the company as
disclosed by its 13F filings. Akre Capital Management also added to its
holding in the company during previous quarter. Hedge fund purchase is
generally a good sign for a company's stock. Free technical analysis on
Moody's Corp. available by signing up at
Moody's reported its fourth quarter revenue at $754.2 million, up 33 percent
from the corresponding quarter of the previous year. It also trampled
consensus estimate of $687.1 million. Its quarterly net income stood at 70
cents per share, up from 43 cents per share it had earned for the same quarter
of the last year. Moody's expects market conditions to remain favorable and
its stock is expected to perform well consequently. For its full year, the
company earned $3.05 per share.
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